Ferratum- Fast And Simple Short Term Direct Lender. Quick Approval

Loan Amount

£50 to £1000

Loan Tearms

6 months

£100 repaid 28 days later


Representative APR

433% APR

Representative Example: If borrowed £400 for 4 months, interest £265.48 Interest rate 292% p.a. (fixed). Amount repayable by four installments of £166.37. Total amount repayable £665.48.

Average user rating

0 out of 5

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Ferratum is a fast and simple short term direct lender.

ferratum Your loan decision will be available in mere minutes and once approved, the amount will be in your bank on the same day! They take pride in being at the forefront of the mobile revolution in banking. Customers are offered a fast, easy-to-use highway to mobile lending and banking services.

Ferratum UK Ltd focuses on organic growth, further geographic expansion and additional product portfolio development, and are committed to a vision of creating the leading mobile bank. The seek to provide a top-notch consumer interface for loan processes with 24/7 personal customer service that one can access through mobile devices, the internet, or personally.

Ferratum values professionalism, profitability, and clear ethics.

These values culminate from continuous learning, results from speed, flexibility, growth, and moral strength towards not just the customers, but everyone in general. They believe that “ethical principles are important to create trust and loyalty among our customers and employees”.

New customers are offered short-term microloans ranging from €50 to €300 for 7 to 37 days, depending on your needs. The loanable amount increases to €500 after the initial loan is repaid. Interest is charged 0.8% on a daily basis, and you’ll see your quote before you make a decision to take it. The amount offered to be lent depends on many factors such as credit score, suitability, and affordability. The cost is transparent and straightforward with all Ferratum loan products. What you see on your statement is simply the amount you will repay on the due date, as there are absolutely no hidden charges.

Applying for a Ferratum loan requires:

  • To be of at least 18 years old
  • A resident of UK
  • Have a UK bank account with a linked debit card
  • Some personal details to ensure transparency between the two parties

Ferratum Company information:

Registration No: 07349566 Website: www.ferratum.co.uk Phone: 01514487324 Address: 25 Goodlass Road, Liverpool, Merseyside FCA registration Reference No: 639266 Trading names: Ferratum Place of business: 25 Goodlass Road, Liverpool, Merseyside, L24 9HJ Data protection registration Registration No: Z2394315 Data controller: FERRATUM UK LTD Address: 25 Goodlass Road, Liverpool, Merseyside, L24 9HJ

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Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk